๐จ BREAKING: BITCOIN FLASH CRASH ON BITHUMB ๐จ
๐ฅ One wrong click reportedly caused one of the wildest exchange mistakes ever. ๐ณ๐
๐ฐ๐ท South Koreaโs major exchange Bithumb is being linked to a sudden Bitcoin flash crash, triggered by what looks like a massive internal distribution error.
๐ฅ What Went Wrong?
โ Planned payout: 2,000 KRW (~$1.5)
โ Accidentally distributed: 2,000 BTC ๐ฑ
๐ฐ Estimated value: $130Mโ$134M
๐ How It Happened (Reported)
During an airdrop / rewards distribution, a human mistake allegedly occurred:
The payout ticker was set to BTC
Instead of KRW credit, real Bitcoin was sent out
Hundreds of users reportedly received BTC instantly ๐
โก What Happened Next?
Users quickly sold the BTC, triggering:
๐ A sharp dump on Bithumb
๐ Price reportedly dropped as much as 10%
๐ Bithumb BTC price fell far below global market levels
๐ข Current Update
โ No official statement from Bithumb yet
โ Incident reportedly cited/confirmed by:
Lookonchain
Crypto Briefing
Crypto News
Phemex
Multiple reliable X (Twitter) sources
๐ Date: February 6, 2026
๐ฌ This is a brutal reminder:
๐ In crypto, one small mistake can wipe out millions in seconds.